Verified Facts

Official NameFederal Republic of Nigeria
CapitalAbuja
Population223.8 million
Area923,768 km² (356,669 sq mi)
LanguagesEnglish
CurrencyNigerian naira (₦)
TimezoneUTC+01:00
RegionAfrica / Western Africa
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$9,087 (2024)
Inflation Rate33.2% (2024)
Health Spend per Capita$67 (2023)
Out-of-Pocket Health Spend71.9% (2023)
Education Spend (% GDP)0.3% (2023)
Source: World Bank Open Data

The cost of utilities and internet in Nigeria can vary significantly depending on the location, usage, and provider, but on average, a monthly utility bill for an 85 sqm apartment can range from $100 to $200 USD.

Quick Facts

Monthly Utilities (85 sqm apt)$150 USD
Internet (60 Mbps)$30 USD/month
Mobile Data (10GB)$10 USD/month
Electricity Cost$0.12 per kWh
CurrencyNGN

Utility Costs Overview

Nigeria's utility infrastructure is still developing, and the quality of services can vary greatly depending on the location. In urban areas like Lagos and Abuja, the infrastructure is more developed, and the services are generally more reliable. However, in rural areas, the infrastructure is often lacking, and the services can be intermittent. The costs of utilities in Nigeria are also subject to fluctuations due to factors like inflation and currency exchange rates. The inflation rate in Nigeria is currently at 33.2%, which can impact the cost of utilities and other essential services.

The cost of utilities in Nigeria can also vary depending on the season. During the dry season, the cost of water and electricity can increase due to higher demand. In contrast, during the rainy season, the cost of water can decrease due to the abundance of rainfall. It is essential to note that these seasonal variations can impact the overall cost of utilities and should be factored into the budget.

Monthly Utility Bills

UtilitySmall Apt (45 sqm)Medium Apt (85 sqm)Large Apt (120 sqm)Notes
Electricity$50$80$120Prepaid meters available
Water$10$20$30Metered billing
Gas / Heating$20$30$40LPG cylinders
Garbage / Municipal$5$10$15(if separate)
Total$85$140$205

Internet & Phone Plans

ServiceMonthly Cost (USD)Speed / AllowanceProvider Examples
Fiber Internet (basic)$20-3010 MbpsMTN, Airtel
Fiber Internet (fast)$50-70100 MbpsGlobacom, 9mobile
Mobile Data (prepaid)$5-101-5 GBMTN, Airtel
Mobile Data (postpaid)$10-205-10 GBGlobacom, 9mobile
Phone + Internet Bundle$30-50variesMTN, Airtel

Streaming & Digital Services

ServiceMonthly Cost (USD)Notes
Netflix (standard)$8Available in Nigeria
Spotify (premium)$10Available in Nigeria
Local Streaming$5iROKOtv, a popular local streaming service

Utility Tips

  • To set up utilities in Nigeria, it is recommended to contact the service providers directly, such as the Nigerian National Petroleum Corporation (NNPC) for gas and the National Electricity Regulatory Commission (NERC) for electricity.
  • Prepaid electricity meters are available in Nigeria, which can help consumers manage their energy usage and avoid unexpected bills.
  • For internet services, MTN and Airtel are popular providers, offering a range of plans and bundles.
  • To save on utility bills, consumers can consider using energy-efficient appliances, conserving water, and opting for prepaid services.
  • It is also essential to monitor usage and adjust consumption habits to avoid unnecessary costs.
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